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Time flies like a white horse, and in the blink of an eye, this week is coming to an end.
This week, after failing to push higher from Monday, the market started a continuous decline, accompanied by significant rebounds influenced by news factors.
But overall, the trend still inevitably moved downward this week.
On the daily chart, the price broke through the previous mid-line support and hovered around 78,000 for consolidation.
Our real trading this week also seized the opportunity; although some losing trades occurred, overall, we gained a profit of 6,000 points.
Every trading idea was disclosed in advance to avoid post-hoc rationalizations.
Following Brother Ning’s real trading is the beginning of your path to a margin increase!
From the current market situation, the daily trend needs confirmation of a large-scale unilateral move.
After breaking the mid-line support, the appearance of long lower shadows during the pullback signaled a halt in the decline.
On the weekly chart, this pullback directly recovered all previous upward profits, but it clearly did not enter a bearish trend.
Moreover, with the three-line convergence pattern and the lower line lifting, it indicates that the downside space is extremely limited.
Next week, the overall strategy should start with low buy-ins, aiming directly at 83,000, with Ethereum also targeting 2,400.
Next week’s swing situation
BTC: Buy below 78,000, target 83,000
ETH: Buy below 2,150, target 2,400